Visualizing The Declining Purchasing Power Of The US Dollar The U.S. dollar has steadily lost value over the past century. According to Federal Reserve data, the purchasing power of one dollar today is equal to just a few cents in 1913 (the year the Fed was created). In this graphic, Visual Capitalist’s Marcus Lu tracks the decline in the purchasing power of the U.S. dollar since the early 1900s, illustrating how inflation has eroded its value. Data & Discussion The data for this visualization comes from Federal Reserve Economic Data (FRED). It measures the “Purchasing Power of the Consumer Dollar” across… — Continue at ZeroHedge News : Read More
